Preamp or DAC


Hello all. My system consists of the following:

Coda 16 Amp, Coda 07x preamp, Holo May KTE Dac, Aurender N20, Legacy Audio Signature SE speakers and a pair of REL 812 subs. I am considering changing either the preamp or Dac. I would like to go with tubes. Would you think I would get more sq change in changing the preamp or Dac? I am thinking Dac but I wanted to hear your opinions. Considering ARC, new Don Sachs or Aric Audio in pres and Lampizator or other in DACs. So, would the preamp or DAC make a bigger difference? I will say I have a $12k to $15k budget.

Thanks

backdoor

My recommendation would be to stay with the CODA preamp and upgrade the DAC. Your amplifier has 10k ohm input impedance which is pretty low. Tube preamps typically have high output impedance around 600ohm. Even though it meets the 1:10 ratio it is still quiet low as impedance fluctuates. It’s possible you will have a slight reduction in bass output. Trying a tube DAC into the 07 preamp will be no issues with the preamp’s 20k input impedance. 

Going preamp-less will present the same issue with a tube DAC direct into amp. 
Talk to CODA to confirm as I’m just speculating based on typical specs of tube preamps and DACs. 

You already have a top-flight DAC. The Coda pres are not nearly as good as their amps. As such, I think you’re better off going with a new preamp.

Thanks for all the feedback. You have given me a lot to think about. The impedance issue for sure I had not thought about yet. Generally, there seems to be a split decision on preamp first or Dac first. Honestly, when I asked the question I thought the answers would be Dac first but many feel preamp will make the most difference. But then I do need to look at possible impedance issues.  

2 suggestions.

1. Aesthetix Pandora (tubes) w/optional volume control, replace DAC & pre-amp.

2. Meitner MA3 no tubes but includes volume control, replace DAC & pre-amp.

I would look at the Ayon S 5 network player. This functions as a pre amp, incorporates a Dac and uses tubes.